Fab Flash: Sergio Rossi Feels the Crunch

Fab Flash: Sergio Rossi Feels the Crunch Tear. One of our favorite shoe designers of the year, Sergio Rossi, will be closing all of its US retail stores. The company insists that the flailing economy was not a factor in its decision but experts beg to differ. “Their business has been consolidating for a while, and that combined with the way [the economy is] now, it was like the nail in the coffin,” said retail expert, Faith Hope Consolo.